RBI imposes penalty on IDBI Bank and Citibank

Mumbai/New Delhi, Mar 21 (UNI) The Reserve Bank of India has imposed monetary penalties onIDBI Bank Limited and Citibank under the Foreign Exchange Management Act (FEMA). it said in a statement on Friday. The RBI has levied a penalty of Rs 36.30 lakh on IDBI Bank Limited for not undertaking due diligence while processing the…

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Congress accuses BJP for ignoring fertiliser crisis

By Special Correspondent Bhopal: Madhya Pradesh Congress Committee President Jeetu Patwari on Monday launched a sharp attack on the ruling Bharatiya Janata Party (BJP), alleging manipulation of the electoral process, mismanagement of fertiliser supplies, and a growing culture of disrespectful language among senior BJP leaders. Speaking to the press, Patwari said the Congress was fully…

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